Chinese smartphone vendors outperform in Q1

By Zhu Shenshen | 19:31 UTC+8 April 28, 2017 |

Online Edition

CHINESE home-grown smartphone vendors gained market shares in the first quarter and served as catalysts while top players Samsung and Apple slight lost shares, research firm IDC said today in a report.

In the first quarter, the global smartphone sales reached 347.4 million units worldwide, growing 4.3 percent year-on-year, slightly higher than IDC's previous forecast.

Samsung with a market share of 22.8 percent and Apple with 14.9 percent were still top two players, followed by Huawei's 9.8 percent, Oppo's 7.4 percent and Vivo's 5.2 percent, according to US-based International Data Corp.

IDC continues to see the largest catalysts being a handful of Chinese OEMs. The clear leaders are Huawei, OPPO and vivo, whose growth hit at least 21 percent, compared with Samsung and Apple with less than 1 percent growth, said IDC.

China's smartphone market continues to grow by about 9 percent. The top three vendors as Huawei, Oppo and Vivo are pulling away at the head of the market, accounting for more than 50 percent of sales in the domestic market for the first time this quarter, according to another research firm Canalys.

"The smartphone industry is not dead and that growth still exists," said Ryan Reith, IDC's analyst.

In the first quarter, big flagship announcements came from Huawei with P10 and Samsung with Galaxy S8, representing innovation is still possible. Apple's next-generation iPhone, maybe released later in 2017, is also fully anticipating, said analysts.

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Chinese smartphone vendors outperform in Q1

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